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141 N Murphy Rd
Murphy, TX 75094 Plano

$2,408,000 USD

Storefront For Sale  •  4,850 SF

Property Details

  • Property Type Storefront
  • Total Building Size 4,850 SF
  • Lot Size 1.64 AC
  • Building Class B
  • Year Built 2019
  • Tenancy Multiple
  • Zoning Retail
0 Transit Score
57 Walk Score

Description

Complimentary Tenant Mix with Alloy Personal Training & The Full Spectrum Hair Salon, All Tenants Experiencing Annual Rent Increases During Primary Term
2019 Construction with an Average Lease Term Expiration of November 2030
Average Rents of $31.28 PSF NNN While Comparable Retail Space in the Area is Leasing in the High $30’s to Low $40’s PSF NNN
Strong Fundamentals with Parallel Positioning to Murphy Road (22,200+ Vehicles Per Day), Average Suite Size of 2,425 SF Providing Strong Residual Value, Partial Masonry Construction, Highly Visible Two-Sided Monument Sign & Multiple Ingress/Egress Points of Access
Nearby National Tenants Include Walmart, Lowe’s, Sprouts, Hobby Lobby, Club 4 Fitness, Bank of America, PNC Bank, Chase, Chick-Fil-A, McDonalds, UPS, Chipotle & Starbucks Amongst Numerous Others
Thriving Retail Trade Area with Over 2.1MM SF of Retail GLA in a2-Mile Radius
Minutes to Murphy Marketplace, a 290,203 SF Retail Destination Featuring Lowes, Sprouts, EOS Fitness & Michaels among others & Woodbridge Crossing, a 447,462 SF Retail Destination Featuring Super Target, Kohls, TJ Maxx, HomeGoods, Floor & Décor, Ross, PetSmart & Ulta Amongst Numerous Others
Close Proximity to New H-E-B (122K SF at Completion) & Plano Sports Authority – Murphy, an 87,000 SF Multi-Sports Arena Attracting Over 33,000+ Players Annually
Over 471% Population Increase from 2000 to 2025 in a 1-Mile Radius

Highlights

2019 Construction with an Average Lease Term Expiration of November 2030
Average Rents of $31.28 PSF NNN While Comparable Retail Space in the Area is Leasing in the High $30’s to Low $40’s PSF NNN
Thriving Retail Trade Area with Over 2.1MM SF of Retail GLA in a 2-Mile Radius
Over 471% Population Increase from 2000 to 2025 in a 1-Mile Radius
Minutes to Murphy Marketplace, a 290,203 SF Retail Destination Featuring Lowes, Sprouts, EOS Fitness & Michaels among others
Close Proximity to New H-E-B (122K SF at Completion) & Plano Sports Authority – Murphy, an 87,000 SF Multi-Sports Arena Attracting Over 33,000+ Player

Public Transportation

AirportDriveWalkDistance
Dallas Love Field 38 min - 25.3 mi
Dallas-Fort Worth International 43 min - 33.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Tayler Rose 214-225-8541 SHOP Companies
Tayler Rose 214-225-8541 SHOP Companies